Business Standard

China's Silicon Valley dangles carrots to lure foreign talent

Foreigners with permanent residence will also be allowed to head national-level innovation projects

Foreign hires at Zhongguancun Science Park will enjoy generous visa terms and will also get the coveted permanent residence certificate
Premium

Foreign hires at Zhongguancun Science Park will enjoy generous visa terms and will also get the coveted permanent residence certificate

Reuters
Beijing, a major hub for artificial intelligence (AI) and semiconductors in China, is touting a new list of incentives to try and bait foreign talent for its equivalent of Silicon Valley in the Chinese capital. 

New foreign hires at Zhongguancun Science Park will enjoy generous visa terms and will also get the coveted permanent residence certificate, which confers greater freedom of cross-border travel as well as local economic benefits. 

Foreigners with permanent residence will also be allowed to head national-level innovation projects, and serve as the legal representative of new scientific research institutions in China, the Beijing municipal government said in a

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Feb 27 2018 | 8:44 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com